Current A/c
CC, ODOS, ODD, SSI-CC

Remittances Facilities through our Bank

DD - Issue

Rs. 0.50/- per Rs.1000/- or part thereof subject to a minimum of Rs.10/- per instrument upto Rs.1.00 lac +GST.
Rs 0.50/- per Rs. 1000/- or part thereof subject to a minimum of Rs. 50/- per instrument above Rs.1.00 lac + GST.

25% of the sanction limit will be charged + GST at applicable rate for all limits excepting limits against F.D. and Gold Ornaments on annualised basis. Not applicable if the average credit balance equivalent to 50% of the sanctioned limit is maintained in the other / same account during the period under review (other accounts include accounts maintained by the sister concerns).

Commission on Bank Guarantees

Against 100% Cash Margin/FD

1% p.a. of the Guarantee Amount.
Minimum Commission Rs. 100/- + GST

Against 25% cash margin/FD and Collateral Security for 75%

2% p. a. of the Guarantee Amount. (Minimum Commission Rs. 100/-).

BGs issued by Other Banks through A. P. Mahesh Bank:

Based on Issuing Bank’s terms and conditions.

Commission on Foreign Letters of Credit (for Imports)

Import LCs are issued through IDBI Bank Limited as per following tariff:

Sight basis

Validity : 0.15%

Sight : 0.15%

Usance basis

Validity : 0.15%

Upto 3 months

0.30%

Above 3 months

0.30% plus 0.075% p.m. for period above 3 months

Amendment to LC

Rs. 1000/- per L.C.

Other Charges

Swift Charges

Rs. 2500/- per LC

Swift Charges for each amendment

Rs. 1000/- per LC

RTGS Charges

Charge per transaction (Rs.)

Above Rs.2.00 lac to Rs.5.00 lac

Above Rs.5.00 lac

25/- + applicable GST

50/- + applicable GST

NEFT:

1. Upto Rs. 10000

Rs.2.50 /- per transaction + GST

2. Above 10000 Upto Rs. 1.00 lac

Rs,5/- per transaction + GST

3. Above Rs. 1.00 lac to Rs.2.00 lac

Rs. 15/- per transaction + GST

4. Above Rs.2.00 lacs

Rs. 25/- per transaction + GST

These charges are applicable for all types of transactions including inter bank fund transfers and for transactions originated and payable in India.

E-Payment

For challan with amount below Rs.1.00 lac

No Charges for Account Holders for only TDS Challans. Others, Rs. 50 per Challan plus GST

PMJDY

The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.